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smartrader
    15-Aug-2009 20:54  
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Yes, target to get out if hit profit target of 50K-100K- 50% to go. No profit target set for Asiatic cos' it is under incubation period- going for at least 5 times of my investment.... 
 
 
dealer0168
    15-Aug-2009 20:08  
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Ya u maybe right bro. But i still prefer the asiatic u recommend than this one.

This one , i agreed with Peck Gong that there is a rally time-flame fr this babe.

Will only profit when get in at right pricing.



smartrader      ( Date: 15-Aug-2009 18:52) Posted:



Yes, rights shares dilute the share price if company raise funds for no good reasons. Obviously, the funds raised in previous rights (was not vested then) were needed to transform business. Hopefully, the Management get the formula right this time. Right Shares is good for shareholders if the fund is well-utilised to increase shareholders' values in expansion...

 

 
 
smartrader
    15-Aug-2009 18:52  
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Yes, rights shares dilute the share price if company raise funds for no good reasons. Obviously, the funds raised in previous rights (was not vested then) were needed to transform business. Hopefully, the Management get the formula right this time. Right Shares is good for shareholders if the fund is well-utilised to increase shareholders' values in expansion...

 
 

 
dealer0168
    15-Aug-2009 18:30  
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But Equation offer too many rights already leh. From 2006 to 2009, total 3 times.

Too many share, won't the share price become too diluted? Haha this company management seems like to ask for money everytime.

 
 
smartrader
    15-Aug-2009 17:50  
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haha..quite true.. but Board of Directors look lke serious people.. Eddy Chng look serious to transform the company after been banned from Director for so many years - he need to prove himself after the Serial System debacle.. 

hope the acquisition of marine resource company will give more visibility in revenue - barging activities etc. .if the revenue visbility is there next year..it can be a high growth stock
 
 
TuaPekGong9413
    15-Aug-2009 15:15  
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this burger is a holding company,seems like always like to join venture here and there but actual product like nothing much leh....mostly bb will whack then go away, then whack again after months later...
 

 
smartrader
    15-Aug-2009 12:11  
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TPK : You're right. On hindsight, I should have sold even though i was going for long - and is looking at taking some profits above 15 cents.. Sigh. I know it is old news but posted it for info. because some one asked any more meat ? The meat is in the how well the product is marketed..

CPeter : I use iOCBC. It will automatically set-off off earliest purchases or open purchases. I guess you got at 2 cents from rights issues. I subscribed in excess 100lots got it because it was 70 percent subscribed earlier this year.

DTim: Yes,  i bought when nobody was buying during the cum rights shares period. I just checked I had 690lots at the ave. price. Sold 200 lots bought at 7.5 cents on wed's new purchase. 

 



cheongpeter      ( Date: 15-Aug-2009 11:27) Posted:

Dicky, do you believe what i say:  I'm vested with 1000lot at 2cents...still holding on to it although sold some yesterday too for tea money. Talk only mah....btw, smart trader, which trading firm are you using? Poems will only allow me to sell my stock based on earliest purchases first....:)

 
 
dickytim
    15-Aug-2009 11:58  
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sorry I'll say you are dumb. When it was .115 a while back, you not only could have tea but buy the stall too :-)

BTW, how much is coffee/tea there? 



cheongpeter      ( Date: 15-Aug-2009 11:27) Posted:

Dicky, do you believe what i say:  I'm vested with 1000lot at 2cents...still holding on to it although sold some yesterday too for tea money. Talk only mah....btw, smart trader, which trading firm are you using? Poems will only allow me to sell my stock based on earliest purchases first....:)

 
 
dealer0168
    15-Aug-2009 11:28  
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Equation 2nd qtr results not out yet right?

 
 
 
cheongpeter
    15-Aug-2009 11:27  
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Dicky, do you believe what i say:  I'm vested with 1000lot at 2cents...still holding on to it although sold some yesterday too for tea money. Talk only mah....btw, smart trader, which trading firm are you using? Poems will only allow me to sell my stock based on earliest purchases first....:)
 

 
dickytim
    15-Aug-2009 11:09  
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.35c? U must have collect a while back. You could have made a handsome profit when it was around .105-.115 and then buy back at .65 again

Now you will be smilling again. 



smartrader      ( Date: 14-Aug-2009 20:31) Posted:

Cheers !! sold mine Wed's purchase for coffee money. but still vested with 500lots at ave 3.5 cents.

 
 
TuaPekGong9413
    15-Aug-2009 11:03  
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smart,that one is old news liao....june it hit 115 becos of that news....i feel this week rally is becos of rowsley.they go hand in hand....more like a punter share to me....
 
 
smartrader
    15-Aug-2009 07:45  
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http://www.equcorp.com/news_media3.htm

Once Equation has a life of its own.....transformed business
 
 
cheongpeter
    15-Aug-2009 00:11  
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normally this equation will last for a couple of days....think tp maybe .105 to .115 but with dows so negative to9, monday may open low...today volume so high, bb may continue to whack for another 2 days...if price good on mon maybe can let go...
 
 
smartrader
    14-Aug-2009 20:31  
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Cheers !! sold mine Wed's purchase for coffee money. but still vested with 500lots at ave 3.5 cents.
 

 
dealer0168
    14-Aug-2009 19:31  
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Equation still got meat?? Anyone can share??

What the TP for this babe? Their 2 qtr when come out??

Sorry ask too much question.

Cheers.
 
 
edskh78
    14-Aug-2009 16:57  
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Actually I am a newbie. Just started trading in late May. Missed the March lows. Currently still net realised loss of $600 plus and unrealised of $700 from Equation.

Not very familiar with the stocks and just learning along the way.
 
 
TuaPekGong9413
    14-Aug-2009 16:56  
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guez will close at 85 today
 
 
TuaPekGong9413
    14-Aug-2009 16:51  
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i sold mine 1t .105 in june then bought .075 in july. maybe my june one was sold to you.paiseh...



edskh78      ( Date: 14-Aug-2009 16:40) Posted:

Still not breakeven yet. Has shares at 0.105 bought in June.

 
 
dlimck
    14-Aug-2009 16:49  
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Today likely closed @ 9cents I think....

Hoped next week will explode again....
 
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